Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022
Ethereum has once again fallen below the $2,000 mark, a psychological level it had briefly reclaimed earlier this week. The market-wide correction over the past 24 hours has weighed on Ethereum’s recovery momentum, and the leading altcoin has seen a dip in sentiment that could lead to a deeper decline or a sharp mid-term rebound. …
XRP Flashes Descending Trendline, Why A Surge To $4 Is Still In The Cards
The XRP price is showing signs of a potential breakout, with a crypto analyst pointing to key technical indicators that suggest a potential surge to $4. Notably, the cryptocurrency has been trading within a descending trendline, but a decisive move above this resistance could ignite a long-awaited rally to a new all-time high. XRP Price…
Shiba Inu Gains Momentum: SHIB Price Breaks Above 100-Day Moving Average, What’s Next?
Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB’s market structure. Historically, moving averages serve as dynamic support and resistance levels, and reclaiming the 100-day SMA often signals renewed upward potential. If SHIB…
Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?
According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottom pattern and is on track to reach a new All-Time High (ATH) of $112,000. This potential shift in trajectory comes after the cryptocurrency experienced a severe price crash that briefly pushed it below the $100,000 mark. Bitcoin Price Finds…